PCAOB January 28, 2025
PCAOB Debuts New Resource Page for Smaller Audit Firms
The new online resource page, Information for Smaller Firms, features PCAOB content tailored for smaller audit firms, including publications, videos, and other resources.
May 6, 2013
With shrinking funding, many state agencies going unaudited
Out of Mississippi's 120 state agencies, boards and commissions, dozens have gone years without a comprehensive state audit, including the Mississippi Department of Marine Resources, which went a decade without a full state review.
May 1, 2013
KPMG’s Insider Trading Scandal: A Watershed for the Auditing Profession?
Recently, a KPMG senior audit partner leaked privileged client information to a "golfing buddy." This is not just another accounting or insider trading scandal. This event is different, and just may be a watershed for investors and the auditing profession. Grumpy Old Accountants provides commentary on contemporary accounting, auditing, and financial reporting issues. It is…
May 1, 2013
Accounting firm faces claim of conflict of interest in audit of development agency
As a Big 4 firm was auditing JobsOhio's books last fall, it also was seeking $1 million in taxpayer money from JobsOhio for an unnamed client.
April 30, 2013
For Minneapolis, auditor’s office is a one-person job
The office of Minneapolis' primary government watchdog is a quiet place these days.
April 30, 2013
Most of $178M Hurricane Sandy aid used for removing debris
Records: 75 percent of $178M in FEMA Sandy aid has gone to debris removal
April 30, 2013
Long Island bookkeeper charged with theft of $200K from Autism group
A New Hyde Park woman working as a personal assistant and bookkeeper stole more than $200,000 from her employer and an autism awareness foundation run by her boss' wife, Nassau County prosecutors said Tuesday.
April 29, 2013
New York Accounting Firm Makes Regional Acquisition
One of upstate New York’s largest accounting, business consulting and financial services firms has announced it's first acquisition of an out-of-state accounting practice.
April 29, 2013
2013 Who’s Who Among Technology and Service Providers for the Tax & Accounting Profession
Whether you built your firm from scratch, partnered with other professionals from the start or started with a single client and a dream, your practice is your future. However, even sole practitioners are never alone.
Accounting April 29, 2013
Proud to Be Part of the Profession
I’ve been immersed in our profession every since I was a kid. I practically grew up in my father’s public accounting firm in Bloomington, Indiana. On Saturday mornings, I would drive with Dad to his office. Being the 1960s, business was done much differently than it is today. Core ‘workflow’ tools consisted of pencils, paper,…
April 25, 2013
IRS report on tax-exempt colleges cites ‘significant compliance issues’
The Internal Revenue Service today released its final report summarizing audit results from the IRS’ colleges and universities study, which began in 2008. This final report describes the agency’s multi-year project on a major segment of tax-exempt organizations.
April 24, 2013
College Students Win Deloitte Foundation’s National Case Study Seminar
College students build skills by tackling complex financial accounting issues
April 24, 2013
The Hidden Wallet: 5 things owners buy with a secret stash of cash
Most business owners buy annual tax and assurance services from their accountant easily enough, but when it comes to investing in business advice, owners can be hesitant. Entrepreneurs reckon they know their business better than anyone and many take the attitude “if it ain’t broke, why fix it?”